Argan Debt-to-Equity Ratio Growth & History (ARG)
Argan's debt-to-equity ratio was 0.75 for fiscal 2025.
View full Argan company overviewArgan annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.75 | −0.09 | −11.09% |
| 2024 | 2024-12-31 | 0.84 | −0.22 | −21.04% |
| 2023 | 2023-12-31 | 1.06 | 0.14 | +15.31% |
| 2022 | 2022-12-31 | 0.92 | −0.12 | −11.59% |
| 2021 | 2021-12-31 | 1.04 | — | — |
Argan quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.90 | — | — |
| Q4 2025 | 2025-12-31 | 0.75 | −0.09 | −11.09% |
| Q4 2024 | 2024-12-31 | 0.84 | — | — |
Argan debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Argan's debt-to-equity ratio decreased from 1.04 to 0.75, a change of −0.30. The latest reported quarter, Q2 2026, shows 0.90.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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